... more choices if they decide to establish companies in the UK. However, the negative aspect occurs as well, which is that they may not be guided correctly in legal areas due to the loose policy. So they should be very careful later, once they break the law, they will be punished seriously. Secondly, a strict examination and approval procedure is available in China before cooperative enterprise is established. For example, they should submit a series of complicated documentations, including the agreement, contract, articles of association and other documents signed by the two parties, to the appointed organs and await their authorization as well as they have to open an account that is booked in China. In the other hand, the procedure in the UK is quite simple. Foreign investors need not to gain any certificate from any organ and there is no foreign exchange control as well. From this aspect, we ...

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